NSW has seen average median house prices change by 4.94% which means that Cammeray, 2062 has done well for property investors by showing a capital gain of 2.17% over the last year
Cammeray,2062 was ranked 987 in Australia by increase in median property value over the quarter.
Cammeray, 2062 is offering NSW ‘s 67th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
With the median price for a house in Cammeray being $2350000 and the advertised rent reaching $1200 the gross rental yield for property investors calculates out to be 2.66%
Giving property investors a a stable capital gain of 7.83% for the last year, Cammeray, 2062 is the 511th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Cammeray has given property investors a paper return of 0.81%. This puts Suburb as 170 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Cammeray are currently offering property investors an average price cut of -4.71% below the asking price at the moment.
On average over the past year, suburb has had 8.83 sales per month, which equates to 106 per year.
Cammeray, 2062’s gross rental yield is 2.62%
A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017Full summary
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Units dominate the market
Median unit price: $1,058,750
Stock on market: 115.4%
12-month growth: 18.3%
A suburb with a premium location just 5km from the Sydney CBD, Cammeray is experiencing rising unit stock, as the number of apartments listed increased from only 6 to 20 over the past 12 months leading up to November 2017.
The suburb overlooks the water, and is well-stocked with sought-after amenities including restaurants, cafes and a couple of shopping hubs, namely Green Park and Stockland Cammeray. The latter is home to the Harris Farm Markets. There are also several schools here, including Cammeray Public School and Anzac Park Public School, both of which offer primary education. Cammeray Children’s Centre acts as preschool and a childcare centre.
Cammeray is highly accessible thanks in part to the Long Gully Bridge, which links to suburbs in the north.Close